Ahmed Al-Sultan, CEO ofAlsaif Stores for Development and Investment Co. (Alsaif Gallery)
Alsaif Stores for Development and Investment Co.’s (Alsaif Gallery) CEO Ahmed Al-Sultan expects the positive momentum in the company’s performance to continue during Q4 2025, driven by the launch of new products, various seasonal factors, and events aimed at enhancing the customer experience and meeting their expectations. 
In an interview with Argaam, he stated that the company will focus in the coming period on leveraging these opportunities by enhancing the customer experience, expanding digital channels, and maintaining margin and operational control.
Commenting on the third quarter-performance, he pointed out that the increase in profits during Q3 2025 is an extension of the growth achieved in the first half of the year, confirming that the company’s performance throughout 2025 reflected sustainable growth.
He added that net profit growth continued strongly throughout the year, with a 38% increase during H1 2025, followed by a 42% rise by the end of the first nine months, despite a decline in revenues.
These results were the outcome of the company’s strategy, which focused on three main pillars to boost revenue and improve profitability, he noted.
The first pillar was improving the customer experience in stores and through the online store, which contributed to an 8.8% increase in sales year-on-year (YoY), due to growing demand for products, along with a 43.7% growth in online sales.
The second pillar focused on enhancing operational efficiency and profit margins, resulting in a rise in gross profit compared to the same quarter last year. He emphasized that the company witnessed an improvement in profit margins, with a 69% increase in net profit compared to the previous quarter, despite an increase in selling and administrative expenses, which contributed to improved operational efficiency.
He further indicated that the third pillar involved focusing on higher-margin products and private labels.
Al-Sultan pointed out that the number of the group’s branches reached 73 by the end of Q3 2025, an increase of two branches YoY, confirming that the company aims for measured and balanced expansion within the Kingdom and the Gulf region.
Regarding demand in Q3, he stated that the company saw an improvement in demand for daily-use categories YoY, in line with market trends as consumers seek reliable value, which was reflected in the growth of sales of private and exclusive labels.
He added that demand at branches was strong, reflecting consumers’ preference for shopping in stores after enhancing the customer experience, despite continued growth in digital sales.
According to Argaam data, Alsaif Gallery’s net profit rose to SAR 49.6 million by the end of the first nine months of 2025, a 42% increase compared to SAR 35 million during the same period in 2024. Q3 profit reached SAR 12.9 million.
Ahmed Al-Sultan, CEO ofAlsaif Stores for Development and Investment Co. (Alsaif Gallery)
Alsaif Stores for Development and Investment Co.’s (Alsaif Gallery) CEO Ahmed Al-Sultan expects the positive momentum in the company’s performance to continue during Q4 2025, driven by the launch of new products, various seasonal factors, and events aimed at enhancing the customer experience and meeting their expectations.
In an interview with Argaam, he stated that the company will focus in the coming period on leveraging these opportunities by enhancing the customer experience, expanding digital channels, and maintaining margin and operational control.
Commenting on the third quarter-performance, he pointed out that the increase in profits during Q3 2025 is an extension of the growth achieved in the first half of the year, confirming that the company’s performance throughout 2025 reflected sustainable growth.
He added that net profit growth continued strongly throughout the year, with a 38% increase during H1 2025, followed by a 42% rise by the end of the first nine months, despite a decline in revenues.
These results were the outcome of the company’s strategy, which focused on three main pillars to boost revenue and improve profitability, he noted.
The first pillar was improving the customer experience in stores and through the online store, which contributed to an 8.8% increase in sales year-on-year (YoY), due to growing demand for products, along with a 43.7% growth in online sales.
The second pillar focused on enhancing operational efficiency and profit margins, resulting in a rise in gross profit compared to the same quarter last year. He emphasized that the company witnessed an improvement in profit margins, with a 69% increase in net profit compared to the previous quarter, despite an increase in selling and administrative expenses, which contributed to improved operational efficiency.
He further indicated that the third pillar involved focusing on higher-margin products and private labels.
Al-Sultan pointed out that the number of the group’s branches reached 73 by the end of Q3 2025, an increase of two branches YoY, confirming that the company aims for measured and balanced expansion within the Kingdom and the Gulf region.
Regarding demand in Q3, he stated that the company saw an improvement in demand for daily-use categories YoY, in line with market trends as consumers seek reliable value, which was reflected in the growth of sales of private and exclusive labels.
He added that demand at branches was strong, reflecting consumers’ preference for shopping in stores after enhancing the customer experience, despite continued growth in digital sales.
According to Argaam data, Alsaif Gallery’s net profit rose to SAR 49.6 million by the end of the first nine months of 2025, a 42% increase compared to SAR 35 million during the same period in 2024. Q3 profit reached SAR 12.9 million.
